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taxes, the economy has grown whether on the left with president kennedy or left with reagan. the left said clinton raised taxes and what is often ignored, clinton cut the capitol gains tax and he cut spending as aercentage of gdp. the obama administration want to go the opposite way, if they do they will make fdr a libitarian. >> jamull is it good or bad for the economy? >> i don't think the president said that they should take a hike if the tax hikings don't happen. our biggest problem are the spending cuts . bigger than that are the job losses, and so i am going to talk about tax cuts, a huge one to see happen the vernment should give tax cut to companies so they can hire new workerings, spending cuts and focusing on the dicit, that is moving us in the wronging direction. if we want to talk about tax cuts, give the corporations that are sitting on records and the dow closed at record highs, give them a tax cut to hire new workers. >> toby, tax hikings are the issue here. this is what dems are calling for. is this the time with the recovery, so, so iffy to do that? >> no remember the
-founder of the political economy research institute at umass, a very important research institute backed does excellent academic scholarship with a public purpose. bob's books include a number of looks, contours of descent on the u.s. economy and in 2003, two books on the living wage, 1998 book of the living wage, building a fair economy and a reasonably measure of fairness, the economics of the living wage and his most recent book is the topic for tonight, "back to full employment." i just want to add that bob's work on the living wage has been very very important. he has been probably the leading researcher on this important issue. has written numerous papers and reports in addition to his books and has traveled to cities across the country to speak about the living wage and has testified before many city councils who were considering a living wage proposal and i think this is a really important contribution and i just want to acknowledged that. bob's recent work is focused on the green economy and the achievement of the twin goals of sustainable energy and full employment. there are numbers of repor
. treasury secretary said he doesn't think the markets are in a bubble right now and that the economy is recovering. >> we still have a lot of work to do. there doesn't seem to be any push to create a crisis over the debt limit or shutting down the government. i think that's helpful. we've had economic data come out for quite a while now showing we have a resilient economy growing. >> retail sales were growing. they came in better than expected for the month of february rising 1.1%, the best number since september. analysts were worried about the impact of gasoline prices and increase in the payroll tax for us but consumers still spending money. important that makes up about 70% of america's economic growth. if you're looking for something new to buy samsung will be happy to oblige vowing galaxy 4, 5 inch screen, larger battery and a screen you don't have to touch but hover your fingers over. it's the main competition. >>> with markets setting new records every day and federal reserve meeting next week, what could happen next and what should you do with your money. randy kroszner, the
national debt is bigger than our entire economy. unless we change course, we will add another 9 trillion over the next ten years to our national debt. that debt will weigh down our country and our economy like an anchor. at some point, lenders will lose confidence in us. they will demand higher interest rates. and when they do, interest rates across the country will skyrocket on credit cards, mortgages, car loans, families. as interest rates rise, debt payments will overwhelm all other items in the budget and the debt will overwhelm the economy. our finances will collapse, the safety net will unravel and the most vulnerable that is who suffers the most under a debt crisis. a debt crisis would be the most predictable disaster in our history i look back at 2008 like it was jerds sometimes and i remember seeing all the all that was happening and i remember the panic meetings with the treasury secretary and looking back we can see what happened but at the moment it was a crisis that hit us like surprise and look what happened at the meantime look at the trillions of dollars of wealth loss, l
trying to up to people who love tax revenue. you will get less tax revenue when the economy is smaller. this is something that the market understands. they want to see the economy grow. less in the future is better for the economy and markets. neil: that would mean no that if we are continuing on this trend, everything that the markets are celebrating right now, slobby sequestration, whenever you want to call it could be short-lived and there could be problems. what do you see happening? >> well, i think rand paul messages effective not only for the markets, but for the economy and the country at large because he is making a connection between economic liberty and prosperity. he understands that does look to the 20th-century. always the most prosperous countries are always the most free. and the message of essentially constitutionality, individual rights, that is tremendously bullish for the market. bullish for the economy. hitting the nail on the head. the fact that everything investors are seeing that we had a sequestered. this guy did not fall. there is still more work to be done in
-- to turn the corner on deficit reduction and support rowing the economy. of that -- support growing the economy. of that, we have already committed to 2.4 trillions -- to $2.4 trillion. , we have to find in some way $1.6 trillion less interest essentially. one way is the sequester. $1.2 trillion in sequester. that is one way. the chairwoman's budget does it a different way. we are sank him instead of using the sequester to get the $1.2 trillion because it does not reflect common sense, it's just arbitrary and across the board during instead of use -- across- the-board. instead of using the sequester, we use this budget which meets the $1.6 trillion with interest durin. in total, it's $1.85 trillion. is that correct? >> yes. if you look at where our target is to get to all the bipartisan andps and where sensible -- were simpson-bowles wanted us to is a path to get to 4.3 c and dollars -- $4.3 trillion to get to thesis mark. x one ways to do sequester. one ways to do it the way we are doing it, which is come instead of arbitrary across-the- board cuts, doing it in what we would view a
start controlling spending, but also focus on getting the economy back in track. i mentioned to the president if you want to start today and creating jobs, energy is a really good place to start. pen the stroke of the president could create 25,000 jobs. and look at the outer continental shelf, there are a lot of opportunities to create tens of thousands of good, high- paying jobs in the energy industry were not only do you , but youally good jobs also bring in treasury revenue that will reduce the deficit. you allow the country to become energy independent so we do not have to buy so many -- so much oil from the eastern countries that do not like us. we will see in the next few weeks if the president is serious about working with us. >> where did the president say i agree with you, let's do that? >> i specifically mentioned to the president on spending. he came as we said he will close the white house to tours. i said instead of these kinds of things of closing of the white house and threatening to lay off food inspectors, how about working with us on real specific ways that
have promised to tackle corruption and keep the economy growing. in his first speech as head of state, xi jinping also spoke of overseeing a chinese renaissance. politicians in pakistan are hoping to reach agreement for an interim government to oversee elections. the prime minister has addressed the nation after his government became the first in the nation's history to serve a full five-year term. more radioactive waste is leaking from the most contaminated nuclear site in the united states. another 2000 liters of waste have recently spilled. over 4 million liters since the 1940's. we have this report from washington state. >> this is the edge of the hanford nuclear station in washington state, a 1500 square kilometers site, with the dubious distinction of being the most contaminated place in america. recently, the government disclosed that six large underground tanks are leaking up radioactive of waste each year. it alarms environmentalists, who fear that it could pass into groundwater in a nearby river. >> the tank leaks are shocking, the size and number. the fact that the departme
who balance their own budget that we are going to control spending but focus on getting the economy back on track. and we talk about specifics. i mentioned to the president that if you want to start today and actually create good job energy is a really good place to start. greenlight the key stone pipeline. with one stroke of the pen the president could create thousands of jobs. i represent southeast louisiana. there are a lot of opportunities to create tens of thousands of good high-paying jobs in the energy industry where not will you create high school jobs, a high school graduate could make over 55,000, but you bring in treasury revenue that will reduce our deficit. you allow our country to become energy independent so we don't have to buy so much oil from middle eastern countries who don't like us. we'll see in the next few beeks if the president is serious with working with us. >> where did the president say i agree with you? >> i specifically mentioned to the president on spending and the president kind of famously said he is going to close the white house to tours and school
in washington. is something going to get done this year, and would a balanced budget hurt the economy? joining me for debate, the republican wlip in the house, kevin mccarthy, and the top democrat on the budget committee, congressman chris van hollen. >> we'll talk about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. walker of wisconsin will join the conversation. [ kate ] many women may not be absorbing the calcium they take as well as they could because they don't take it with food. switch to citracal maximum plus d. it's the only calcium supplement that can be taken with or without food. my doctor recommends citracal maximum. it's all about absorption. licking the cream off these oreo cookies. that's stupid. you're wasting the best part. shuh, says the man without a helicopter. wait, don't go! [ male announcer ] choose your side at oreo.com. to chart a greener path in the air and in our factories. ♪ to find cleaner, more efficient ways to power flight. ♪ and harness our technology for new energy solutions. [ female annou
of balance. my goal is how do we grow the economy, but america back to work? >> america doesn't really have a budget right now, it has a continual resolution, which is an extension of an earlier budget. that expires on march 27th. if government goes beyond that without a patch, they could shut down. we're supposed to have an actual budget resolution voted on and in place by april 15th, but we're way behind on that. on may 18th, we're set to hit the debt ceiling. some say that could be the showdown. i want to bring in nancy, with the "new york times." andy, let's start with you. both sides put budgets out. everybody knows that neither of these budgets are going anywhere. what happens next? >> so, essentially, we're going to go through the same sort of continuing resolution process that you have seen over the last couple years. as you pointed out these budgets are political documents. they'll probably both pass their respective houses, but there's almost no way to bridge the gap between them and they're very vague documents. again, these are kind of political postures, then we're going to go
this year? and would a balanced budget hurt the economy? joining me kevin mccarthy and the top democrat on the budget committee, maryland congressman chris van hollen. a little later, our round table will be back talking about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. and let in real people. it smells good. like laundry fresh out of the dryer. a man fresh out of the shower. nailed it. proof. febreze car vent clips keep your car fresh. breathe happy. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or
trillion necessary u.s. economy and fight global warming because it gets one degrees warmer in the next hundred yearings. the clock never stops moving and it is an immediate crisis and high suld be honest about that. >> dagen, he saying in and of itself, the balanced budget is not the goal. it is getting to that, but not at the expense of bla, blarks. >> and in saying that and spending not being a problem and hearing henry reid saying don't touch entitlementings and nancy pelo saying don't raise the retirement age and sh allings id we don't have a spending problem . i put it together. >> right. my fave rilt little, to the president was hundred billion in new infrastructure spending that is in the budget . they are freely raising new revenue through taxes in this budget. it is like one and half trillion dollars in tax revenue . that is on top. 600 billion in higher taxes this yearnd on top of the more than one trillion in obama care taxings. >> this is it a blueprint. >> it doesn't balance anything. >> it is a blueprint for what the president and democrats want higher taxs and more taxes
as it is because it's really a commitment to the economy of the whole region as to this particular project. having said that, the super bowl bid is an incredible thing and the strength of our bid is a collaboration of this whole region. this is how we think we will win this bid. this is not for any one particular city, it's us working together. not only on transportation issues, not only on cites, but all the hospitality that we have set. i want to thank all the regionals for working together. we want that super bowl xv very badly. we think we have the greatest opportunity to work for it and not only to win that bid, but to get ourselves in an incredible rotation for other super bowl hosting. we look at this long-term and it's the reasonable approach that will give us the strengths for the nfl to take into consideration. i want to be thankful for all the regions mayor's for joining us and the 49er organization. they brought us together at this time. it's going to be a great thing for san francisco. thank you. >> thank you for coming out. this is an amazing site. there are a thousand people working
and champion growth. our economy is stagnant and a lot of people are hurting. and that's where my focus remains, every day. >> shannon: you mentioned that republicans and democrats, you question whether or not they have read the constitution recently and if they adhere to it and if they are really familiar with what it is at its core. how do you reconfigure? how does either party get back to that? >> i think we are seeing a rejuvenation in the republican party. visaid for a while. i think -- i have said for a while, i think the best thing that happened to republicans was to get our teeth kicked in by 2008. by 2006, 2008, i think that republicans had stopped standing for principle. we saw a new generation of leaders step forward in 2010 and more continue in 2012, who are really focused on getting back to our core principles, getting back to the constitution and getting back to free market principles. i think far too many republicans had gone along to get along. had agreed with democrats and exploding the size of government -- i mean, that's how we have gotten a $16.5 trillion debt. i think the p
? does the supreme ayatollah care whether his economy is going down? >> yes, he does. he does care. it does concern him about the deterioration in the economy because of the prospect for promoting unrest. among the citizenry of iran. ofare seeing more signs that. at the same time, i think the supreme leader's standard for the level of private nation that iran suffered during the iraq war. we don't believe they have reached that point yet. as the supreme leader looks westward or looks at us, he can argue that we are on the decline with our influence declining particularly in that part of the world. his view of the world may not be necessarily fact-based come a particularly when it comes to internal conditions in his country. >> turning again to another long-standing part of us policy, which is nuclear deterrence, which is a policy since the late 1940s -- does deterrence work with a country like north korea or iran? it is sort of the same question. do they care of a mutually assured destruction? are they've responsive to that kind of thinking that has guided us policy for 50 years? a
to call it, what happens is that uncertainly increases in the economy. uncertainty increases in the economy investment slows down. we all know that. risk capital starts to dry up. riskiest form of risk capital that we have in america is venture capital. what we all do on the west coast or new york, wherever it is. silicone valley is the beating heart of investment and venture capital and start-ups. >> when you say risk capital, it's ventures that sometimes fail and sometimes are astronomic astronomical. >> that's part of the job. talking about single-digit billions per year invested in venture backed companies. but those create hundreds of billions of dollars in wealth and in job creation and in wealth kree yas ya yacreation. >> you're saying -- what's the part that dries it up? the uncertainty, cuts to the research spending? what's the thing that most hurts? >> fastest is uncertainty. confidence is the cheapest form of stimulus. when congress is not acting, when it is acting very poorly, when it is acting to fail almost, what's happening is that all forms of capital, all for
economy and our debt and deficit. in the creation of jobs that are so important. senator sessions? you have to know what budget does with regard to directing the closing of loopholes and deductions that occur. the plan in the budget is to spend that money. it actually spends it twice. .ut it spends the money if you but that's damon from the professor on the screen, last in this very hearing room, they said this. for business tax reform, the leading corporate tax rate should be in the mid-20s, made for by getting rid of the hand of government that is distorting business behavior and let is this the business. that was the lead democratic witness here. i asked him to repeat it. so you are sam at the money that you get from closing deductions and making the tax code simpler, which i prefer, should be used to reduce the rates and he said yes. and senator baucus believes that. members of your committee have need toed about the simplify and reduce the rate. but if you spend the money, you get some closing loopholes. how do you reduce rates? this is the kind of logic we need to get into our mi
anything about climate change that the experts are urging us to do and keep our economy growing. what's the argument to respond to that? >> well, i'll tell you, that is a myth. it's a false choice. it's a zero sum game. you either can grow the economy or u caprott the environment, okay? so i changed the question, and i've been doing this now for several years. i said, okay, here's the question: do you believe that protecting the environment harms the economy and costs jobs, has no impact on the economy or jobs, or actually grows the economy and improves jobs? okay? and what do we find? an overwhelming majority of americans, and i'm talking like two-thirds of americans, say that it either has no impact or it actually improves the economy. in fact, that's the most frequently chosen answer is that most americans don't see this as an inherent contradiction. >> what you're saying is that a big powerful industry controls or affects the outcomes of perception in this country disproportionately to what most people think? >> that's right. and, in part, they're able to do that because this issu
is there for your personal economy, helping you readjust your retirement plan along the way. rethink how you're invested. and refocus as your career moves forward. wherever you are today, a fidelity ira has a wide range of investment choices to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> president obama selling a creative way to pay for research into alternative energy sources. he used his weekly address to present a plan to use the money collected from private companies who drill for oil on public lands. >> now, this idea isn't mine. it actually builds off a proposal put forward by a nonpartisan coalition of ceos and retired generals and admirals. let's take their advice and free our families and our businesses from
out of the u.s. economy. >> mike, for those who believe government is too big right now it this the best we can do, the ryan budget. in. >> no, dave. john is right we should be doing better. if we want to look at history to time when the country was its most prosperous it has always been when government spending relative to gdp was lower not larger. the last president to proside over a prolonged period of prosperity was bill clinton when got spending down to less than 19% of gdp. this budget doesn't come close to that. >> if you look at spending over the past five years 2009 the big increase because of the stimulus but then the big increase doesn't go anywhere. just stays. we have a permanent stimulus amount of spending. president obama increased the amount of spending by 20% of the government. is that not the enough for you? >> it is not enough. i think we need to be spending more are. >> wow! >> on the economy right now. >> how much more? 75% of the private sector or what? >> until the private sector starts coming back and starts adding and creating more jobs. >> so yo
are warning that the unprecedented measure could scare away investors from the eurozone's weaker economies. --separate's president cypress's president has just addressed the nation. what did the president have to say? he calmed the situation? >> he appeared on television in the last 20 minutes or so. he just wrapped up his speech, very sober. he said he fully undertakes the ,esponsibility for his actions and the solution to cyprus's economic woes. he said, this is not what we wanted to do, but it is the least painful under the circumstances. the lessn his words, worse of two evils. he said, we are trying to avoid these viciou the vicious circled memorandum. he said that he would respect the vote of romans, but his job is to try to cobble together a majority to get this past -- parliament, but his job is to try to cobble together a majority to get this passesed. >> cyprian's are stunned. they never dreamed they would be affected personally, that money would be taken from their accounts. they feel like they have been very hard done by, and they desperately oppose this bailout agreement. many
are not helping people to improve their conditions. the scandals have devastated our economy. host: thank you very much for the call. this is a profile on the snap program in rhode island. it is an ackerman for the supplemental nutrition assistance program. let us go to jason from britain, new jersey. caller: thank you for this great topic. i think it is one we can all relate to because everyone has to eat. it all starts with food. athink the first lady has set good example with the garden she is growing behind the white house. given to allwas americans to grow a garden. this could wipe out the hunger problem probably within one growing season. some type of tax incentive, some the of extra tax on corporations and oil companies that are getting subsidies. take a small fraction of that away. give that to citizens to grow food. around in onethis season. this is an opportunity out of anniversary -- this is an opportunity. out of adversity comes opportunity. it is a travesty to see americans going hungry. these are programs i did not even get interested in. it is easy for us to blame government. let us
that president reagan saw in inheriting the same lousy economy that president obama did. do you know we would have seven million additional new jobs in america. let met help that i can make more concrete. seven million more jobs that is equivalent to giving a job to every man, women, and child in chicago, houston, philadelphia, and boston. that's what we're talking about. [applause] presidenttion under obama doesn't fall uniformly. if you so happen to be a tax lawyer or environmental lawyer, you're doing great right now. but i'll tell you the people that are hurting the most are those are the struggling and the least well off among us. under president obama, hispanic unemployment climbed to 10%, african american to 14%. unemployment for young people ages 16-19 over 25%. that's why for a long time i've been championing what i call opportunity conservativism, which is every republican, every conservative should focus on easing the steps of the economic ladder. splange how ore free market system has served as the most incredible engine for opportunity, for millions of people to come with nothing
economy were 1.4 million net jobs were added during his time in office. they are there issues. stemming the cost of health care come improving for accountability, school choice in the sanctuary this morning addressing the vital issues involving immigration that affect all of us. these are all issues addressed by ronald reagan years ago that continue to resonate as important topics in our lives. once in which governor bush has demonstrated much-needed leadership today. for these and many other reasons jeb bush stands as the only republican governor in the history of the state of florida to be realized into office. he hails from a family that has gone out of their way to extend one can support to mrs. reagan and all of us at the reagan library for years. ladies and gentlemen, please join me in welcoming governor jeb bush. [applause] >> thank you, kindly. really honored to be here. >> thank you so much. it is an incredible honor to be in this beautiful place. i am just in all of which you have all done here, truly a privilege not to be here. i thought it would start my remarks by giving yo
is the security industry as a more efficient supplier of funds to the real economy than banks. it's simply less costly to sell bonds, notes and commercial paper to investors and to borrow from a bank. the mid-1980s intermediating transactions, the security industry has supplied 15 times more financing to the real economy and banking and has done so without government regulation. when the financial crisis came, lipid regulated investment aches like bear stearns, lehman brothers and merrill lynch did no worse than heavily regulated fdic insured commercial banks like waconia, washington mutual and indie mac. it's hard to see more and tighter regulation is the end there. what we are watching the name of prudential regulation is the government squeezing the life out of the banking industry through the interstate commerce commission gradually squeezed the life out of the railroads. if we let the government insurance provide regulation to the security business for some regulators have now proposed will pay a heavy price in lost economic growth. finally, it even natural supporters of free-market and me
. the entire economy of this city is based in gaming, 33,000 people work in the industry. here at the golden nugget atlantic city casino, they have a golden nugget. look at that. they have a hotel, cay casino, d marina in the heart of new jersey. hear from the general manager at the bottom of the hour, and i sit down with a blackjack dealer and learn for the first time how to play blackjack. i never played it in the casino before, and you'll never guess how i did. it's not just gambling, but the biggest trends in alcohol these days, bourb, plus, tobacco, porn, reality tv, and how your smart phone is a vice. we have a sinful hour ahead capping it off with how you at home as an investor can make money on it all. first tonight, our top story. obamacare's latest surprise is a new fee to hit employers. douglas holtz-eakin, president of the and former cbo director. great to talk to you. i s shocked to hear about the fee, $63, nobody knew it was coming, $63 per employee, so for a company like boeing, that's $10 million just for the fee alone. what is it for, and why didn't we hear about this before
to locallize the local billed out it will bring million dollars of dollars to our economy and jobs. and it will diminish and stop the project that we've talked about. this is a very powerful program and we must have the committee to trust us. and by looking at the local generation process. thank you >> thank you for being here and thank you. >> ms. jennifer. >> good evening i'm roar e here on behalf of the san francisco state university. it's clear that san franciscans want to have this construction of other reunusual facilities. we know those would boost jobs and stabilize energy costs. and i'm here to represent the majority of san franciscans with a clear identified plan to boost the energy clean project >> is there any other comment? >> mr. brooks good afternoon. >> good afternoon commissioners. i'm with the san francisco green roots. the first thing to be really clear on is that the stakeholders in a meeting last year the community advocates unanimously said they don't support the direction the staff is mcelroy. and right off the bat having higher rates to have funds? no
's state of florida is similar philosophy and economic or grams created a thriving state economy for 1.4 million new net jobs were added during his time in office. there are other fundamental report issues where the two men match. suspending the rising cost of health care improving education through accountability and school choice and as i'm sure we'll hear some more this morning addressing the vital issues involving immigration that affect all of us. these are all issues addressed by ronald reagan years ago that continue to resonate on these important topics in our lives. ones in which governor bush has demonstrated much-needed leadership today. it is for these and many other reasons that jeb bush stands as the only republican governor in the history of the state of florida to be reelected to office. he hails from a family that has gone out of their way to extend more support to all of us at the reagan library over the years. let us extend that warmth and ladies and gentlemen please join me in welcoming governor jeb bush. a pause cut. >> i am truly honored to be here. [applause] d. t
, the board's took over responsibility was that good for the economy? it is one of the reasons i have written the book. we're at a crossroads. it is disgraceful what they have done. i would not settle for a dime. i will not do that. we're in the courts of appeals the highest court in new york of the martin act as currently written and being used is constitutionally proper. it can't be you have to prove we did something wrong, intent. i was so far away from the transaction -- transaction but the justice department looked at me for five years. five years. nothing improper. after that, now you go aig is coasting along on its strengths but all of the risk management controls disassembled. we had an enterprise risk-management system and it has been claimed aig had so many different companies have could anybody manage it? diversification is not bad but it is a proper strategy for a company. we had geographical and business interests so if one thing goes wrong the others carry it to and for decades to claim that diversification to become a simple insurance company company, will get their records. te
economy still works. on the charitable side it doesn't work. because it's the same organizations at top which reflects how people give, they give it to. it's often brand names and familiarization which blocks away for the innovators but i think that's what you can get it until they agree, that is the challenge we face. people with the best ideas are not necessarily winning. >> host: if i put into census, the current state of affairs is he or she does the best marketing wins, and the goal is the organizations that have the best results and helps the most people should win. that's the essence of the book transit absolutely. >> host: let's talk about this more charities for a minute. isn't there an implicit message of because we talk about the innovators, they have to reach a certain scale and size specifically. and to be evidence-based, performance driven, research-based this is the opposition have to be of a certain size, to have the capacity to do that? so wouldn't the smaller organization argued that this is an unreasonable requirement for them to meet? what do you think of that? >> gu
down a financial institution, our electric grid, and cause significant damage and harm to our economy. >> and this was the head of sort of our top spy guy saying this is the number one threat so my guess is he's not talking about criminal activity getting your credit card. he's talking about terrorists, and yet we hear we're maybe two years away from the capability and that's what we were told. >> we're not two years at all. we're having attacks as we speak right now. >> by terrorists? >> by nation states. >> we certainly know that china is, or we believe china to be behind some of this industrial spying but i'm talking about the last thing that he said about, and we know that terrorists are looking to do the kinds of things you talked about, shutting down -- >> different issues there. we know that terrorists, non-nation states are seeking the capability to do cyber attacks. >> right. >> they're probably not there yet. here's the other problem, a non-rational actor, iran, is already at the shores of the united states with cyber attacks, and that's what's so concerning. i think that's
that ultimately drives value to the american economy. our customer, i can completely agree with what shannon said in terms of our business objective, so to speak, is to empower entrepreneurs and innovators, to create jobs. that's a metric of success, not revenue generated per data set or some other per ifervance metric. the other piece of that looking back to the example of weather and gps, my monetization, is that together they contribute $100 billion to the american economy last year. last year alone from just those two data liberations. so, that is the way in which we are approaching from a strategy perspective, the ultimate impact to our customers. >> one super quick. one thing the city of san francisco or big cities or federal, right, the other smaller cities, smaller cities have smaller budgets. having a structure to support all this open data takes a lot of money. so, when these small cities are thinking about this, they should think about a way of somehow equalizing because they are putting into having these open data team, right? so, what does make sense? this is kind of an open question
this was a vision, if we can get it implemented, really would allow america to take off. our economy is recovering. it is resilient. but it not yet where it need to be. we've got millions of people who are still out of work or underemployed. we've still got businesses that could be thriving if we're able to make sure washington doesn't engage in self-induced crises. we'll have a lot of work to do. let's face it, there's still a lot of divisions and arguments here in washington. doing our h we are very west to reach out to the other side, and i think there's a genuine desire on the part of republicans and democrats to try to get something done, i think there is a weariness among membership in the senate and the house about this constant grind, day in and day out of argument and crises instead of productivity and movement forward. the politics of a lot of these issues is tough. and members sometimes are scared about making the right decisions. and they're particularly scared because they're subject to pressure from special interest groups and well financed organizations that may be pushing in a diff
the economy and put people back to work. if we do that, we'll be bringing in more revenue and if we control spending, potentially what you have balance. >> a quick response to that. >> that's exactly the point. balancing the budget will in fact help our economy. it will help create jobs in our country. get our economy going again. and put more people back to work. the fact that the government continues to spend more than a trillion dollars every year that it doesn't have, scares investors, scares business people, makes them less willing to hire people. >> is the grand bargain dead? >> i don't know whether we can come to be a big agreement if we do. it will be between the two parties on capitol hill. hopefully, we can go to conference on these budgets. hope springs eternal in my mind. >> senators graham and ayotte and other republicans have said they're open to new revenue if the president is willing to do significant entitlement reform. is that something you could consider? would you say no to that? >> the president got his tax hikes on january 1st. the talk about raising revenue is over, i
passenger ship is expected to inject about $1 million into the economy every time it comes into port. >> really like the convenience of having it in our home city. that way, we don't have to worry about a hotel the night before or how we are going to get to the cruise terminal. yeah, it worked well. >> the ship will carry 100,000 passengers over the next year. >>> it's been in stationary orbit for more than two years. san francisco's beloved rocket ship insulation is about to blast off. it was originally supposed to stay for a year. the port said 2 1/2 years. it's great for gatherings and photos. people making jokes about it. they have not decided what is going to replace that. >> it's nice. we check in with mindy with sports comcast. what's going on? >> lots going on. nice to see you. the 49ers finding a missing piece to their super bowl puzzle. first, spring training baseball hits a home stretch. we'll show you which giants and as are getting into shape. >>> signing a lucrative five-year deal with the buccaneers. the 49ers had a big hole to fill in their top-rated defense. they app
as the economy improves and their new sales and assess values grow. there may be capacity. so we would be identifying a time line to get it in phase one in the project would be in that 2016 timeframe. >> i thought that was probably the answer but it's important that we have the right expectations in terms of understanding what the time lines can practically as much as we all want the open space. so i think this is a great project and i want to echo that everybody has worked so well in terms of the mayor's office and the giants. this is a very ambitious project and we have placed a lot of good faith in the execution and that only now is the work is going to begin and the execution is so critical. we've looked at this many ways from sundays and from the ports point of view the everything works out ideally, this is a great project. now if we should incur delays or other issues in financing, there are risk that we are going to incur and i'm not suggest that go we are going to but we have to go on record to recognize that there are many challenges ahead in terms of making this project beco
and this is the project 2601 van ness. it's 2003 about 10 years ago and a couple years ago it's fine because the economy put it back. for 8 years is in the project. so for 10 years. so cover my project. now about two years already. so and not good. very bad. my son explains to me, if any questions, this is my son. he can answer any questions. >> my name is henry lamb. that was my father speaking at first. he's been a small business owner in san francisco, his conditional use was approved in october of 2003, unfortunately his extension was granted in 2006, but like you say before due to the economic times at that time he was not able to secure financing and able to secure the project. he hopes you will be able to extend the permit to continue use for commercial project. >> thank you. additional public comments? if a few of you want to cue up lineup in order. >> good afternoon commissioner. i do want to pick in favor of the half of this proposal what goes to expiring permits to bring them up to date. that makes sense. i'm concerned about the if you are the performance period to make it a strict 3 year pe
and the handling of the economy is a dead heat with the republicans. he doesn't have to run for reelection again, but a lot of democrats do and if you're a democrat who needs to get reelected you're getting very nervous and i think the democratic elites in washington have conveyed to the president this isn't working. you've got to do business with these people. >> paul: do you think it's cosmetic, rhetorical or do you think it's actually sincere? >> well, if it were deeply sincere, it would suggest a sea change with the president and i don't think that anyone is running around washington saying, my god, do you believe how he's changed? it's called a charge offensive and that's a weird name for this. he's not being especially charming and his own white house seems to find it somewhat offensive that they have to deploy him out to talk to crazy republicans. >> there was a background growth this week. >> there was. >> on the story. >> this is not going to-- ap reporter, this doesn't mean anything, it's not going anywhere. we're almost embarrassed to-- >> just doing it for you and the media, but this
to actually implement. now that development is happening in the upper market area, and now that the economy has come back to life. we have those opportunities. and this is the first one coming before the commission before i recall. today you have the opportunity to set us on course. brief background for this in-kind. the planning department proposed reducing the entire block of dolores between market and 14th to one lane of thru-traffic. i did not support that proposal, neither did a lot of people. because i believe that would have had a negative impact on traffic flow. and that was not the right balance. planning department went back to the drawing board and came up with a better plan, and that is before you today. it strikes a better balance. it reduces dolores lane briefly and then quickly expands back into the full two lanes. this will create a significant benefits at market and dolores. first if you ever walked that intersection or driven by it. it's an incredibly wide, long pedestrian crossing. one of the longest in the area. it's not a pedestrian friendly crossing. as this area becom
the scientists and many other things. sanctions are hammering the iranian economy. to focus on iran, for benjamin netanyahu, he is waving the threat to the audience. he is using one of his guys as the minister of the housing and infrastructure. the man that tells you from day one, i will build in the areas. the area that connects western bank with jerusalem. breaking the last hope for a two-state solution. >> is iran a genuine threat or distraction from the point of the peace process? >> it is a genuine threat to israel. no doubt from the ayotallah down. a direct war of words in support of terrorism against israel. israelis feel that. part of the purpose of the trip for the president is not merely to say we care about the iran nuclear program. it is to convince israelis that they can take the steps necessary for peace knowing the united states is behind their support. the fact we will not move on the palestinian question unless the israelis feel they have the security of the united states completely to take those risks for peace. i have known that ever since camp david one. this is why this is so
because of our resilient economy and our world currency status. we do not have a debt crisis right now but we snow it is coming and happening. >>peter: democratic senator durbin tried to put the comments in context this morning. >> we need to put americans back to work. that is our first priority. deficit reduction is the second priority coupled with economic growth. we can do both. make sure we have deficit reduction. also, do not cut too much too fast. >>peter: anyone trying to handicap the odds of a grand bargain should consider what speaker boehner said today when he told use he doesn't know whether democrats and republicans can come to a big agreement but he did add that he trusts president obama. >>heather: thank you, peter, from washington, dc. >>gregg: senator durbin weighing in on immigration reform today. notwithstanding the major hurdles the senator said an agreement is possible but a hathaway to citizenship need to be answers. >> we are working, hours every week, four democrats, four republicans. we are making progress. there are several problems. we are dealing with border
capitalism, trade, the renaissance, and the global economy. all because of double entry book keeping. read the book and you'll be convinced. >> american media spilled a lot of ink and told us which countries hate america, which ones ca s tolerate america, andh ones really like us. much less is know about how americans feel about our brothers and sisters abroad when we tedare to think about them. gallup has a new poll that does just that with some surprising results. without further ado, america's most hated nations. number five, the palestinian authority. number four, syria. number three, pakistan. number two, north korea. and the nation americans feel least favorable about, drum roll, please, iran. whom do we love? in fifth place, france. then japan. then germany. well, i guess those last two show americans can really get over the past. great britain gets second place and we don't have the luxury to travel far to find our bus boso buddies. canada is number one. i guess we have entirely gotten over the war of 1812. does anyone remember what it was about? hint, if it had gone the other way,
comes in with a 70% approval rating in the the worst economy since the great depression. three and a half weeks into his presidency he has his economic stimulus plan. now you can argue and i think that we would that is a plan largely hatched in the democratic rooms but it also had more than a third of almost 40% of tax cuts. and the single largest tax cut was the extension of the alternative minimum tax which came from chuck grassley who voted against the plan. three and a half weeks and not a single republican in the house votes for it and three in the senate not including those that had most of their amendments at it and then we move on from there to not a single one voting for any significant initiative. that to me represents a difference. and a difference would suggest a willingness to find out how you can solve some problems even if there are other places you want to stop. a contrast between where the parties are now so there are no angels here but we really do have one party that is not that far from the midfield area although it has moved and the other party is behind it
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